Private Limited Company
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Benefits of Pvt. Ltd. Company
• Legal Entity.
• Limited Liability.
• Asset Protection.
• Ease of Management.
• Perpetual Succession.
• Multiple Taxation Benefit.
• Shields from Personal Liability.
• Potential for Growth and Expansion.
• Procures Bank Credits and Investments.
• Greater Capital Contribution and Stability.
Procedure
• Apply for a Digital Signature Certificate.
• Decide a unique name for the company.
• Reserve your Company's unique name.
• Drafting of Memorandum and Articles of Association.
• Get the Company’s approval & Incorporation Certificate.
• Get the director's DIN & Company’s PAN, TAN approval.
Documents Required
• Photos of all the Directors.
• Pan Card of all the Directors.
• DSC of all the Directors.
• Identity Proof of Directors (Aadhar Card/ Voter ID/ Passport/ Driving License).
• Residence Proof of Directors (Electricity Bill/ Telephone Bill/Mobile Bill/ Bank Statement (not older than 2 months).
• Company's registered office address proof (Electricity Bill/ Telephone Bill/Mobile Bill) (not older than 2 months).
• Rent Deed/ Lease Deed/ NOC/Property Paper (any one) for the registered office address.
How Vakilify can help?
• Analyse your requirements and visualize your success.
• Consult with our Expert Lawyers and CA at your ease.
• Vakilify will register your company within 7-10 days.
• Business experts advise you and legal experts to draft MOA and AOA.
• We can take you further with website, social media, compliance and audit.
FAQs
What is a Private Limited Company?
A Private Limited Company (Pvt. Ltd.) is a type of business structure that limits the liability of its shareholders and offers various legal and financial benefits.
How many directors are required to form a Private Limited Company?
A Private Limited Company must have a minimum of two directors, and there can be a maximum of 15 directors. At least one director must be a resident of India.
What is the difference between a Private Limited Company and a Public Limited Company?
The main difference between a Private Limited Company and a Public Limited Company lies in their ownership, shareholding structure, and ability to raise funds from the public. Private Limited Companies have restrictions on the transfer of shares and cannot offer shares to the public.
How can Vakilify assist in incorporating a Private Limited Company?
Vakilify provides end-to-end assistance in incorporating a Private Limited Company, including obtaining Digital Signature Certificates (DSCs), Director Identification Numbers (DINs), name reservation, drafting of documents, filing with regulatory authorities, and post-incorporation compliance. Our expert team ensures a smooth and hassle-free process.